Biotyx Medical has secured $37.4 million in a Series B financing round, while Mocaverse has received $20 million in a financing round led by CMCC Capital.
IDG Capital joins Biotyx Medical’s Series B round
Biotyx Medical, the spin-off of Hong Kong-listed advanced minimally invasive medical devices maker Lifetech Scientific Corp, has secured 200 million yuan ($37.4 million) in a Series B financing round.
The round saw the participation of several strategic investors, including GF Qianhe Investment, the alternative investment arm of Chinese brokerage firm GF Securities; while China-focused investor IDG Capital re-upped, according to a company announcement.
Founded in May 2019, the Shenzhen-headquartered firm engages in the R&D of bioabsorbable, iron-based vascular materials and vascular scaffolds. The firm will use the proceeds to accelerate the clinical trial and commercialisation of its products, the firm said.
Previously, the firm closed its Series A financing round in November 2020, with the participation of IDG Capital and CoStone Capital.
Animoca Brands’s Mocaverse bags $20m funding
Mocaverse, the membership NFT collection platform for Animoca Brands’ network of investees, shareholders, and partners, has received $20 million in a financing round led by CMCC Capital, which claims to be one of Asia’s first venture capital companies focused solely on blockchain and Web3 investments.
The funding has been raised via the issuance of new ordinary shares for AUD 4.5 per share, while Animoca Brands, the owner of Mocaverse, has granted investors in the round a free-attaching utility token warrant on a 1:1 dollar basis, the firm said.
The round saw the participation of Kingsway Capital; Liberty City Ventures; GameFi Ventures; Gabby Dizon, the founder of Web3 gaming guild Yield Guild Games; and Aleksander Larsen, the founder of Sky Mavis, the company behind the play-to-earn game Axie Infinity, among others.
Mocaverse is a membership portal that enables users to create their own digital identity, accrue reputation, earn and spend their loyalty points, as well as connect with Animoca’s network of companies and partners, according to the firm.